Azimut Exploration (CVE:AZM) Shares Cross Below 50 Day Moving Average – Should You Sell?

Shares of Azimut Exploration Inc. (CVE:AZMGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.64 and traded as low as C$0.60. Azimut Exploration shares last traded at C$0.62, with a volume of 4,565 shares traded.

Azimut Exploration Trading Up 5.1 %

The business has a fifty day simple moving average of C$0.64 and a 200-day simple moving average of C$0.56. The firm has a market cap of C$53.07 million, a price-to-earnings ratio of 31.00 and a beta of 2.12. The company has a debt-to-equity ratio of 0.13, a quick ratio of 5.50 and a current ratio of 3.73.

Azimut Exploration Company Profile

(Get Free Report)

Azimut Exploration Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for copper, gold, base metals, chromium, nickel, diamond, tellurium, bismuth, tungsten, tin, molybdenum, rhenium, indium, rare earth elements, uranium, zinc, silver, cobalt, and platinum group elements.

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